Mega Millions jackpot climbs to $1 billion fifth time

By |
The cash option is worth $527.9 million before taxes

The Mega Millions jackpot has reached a historic milestone, crossing the $1 billion mark after no winning tickets were sold in the previous drawing. This marks the fifth time in the game’s history that the jackpot has reached $1 billion.

The winning numbers for the estimated $940 million jackpot were 5, 10, 28, 52, and 63, with a Mega Ball of 18.

The last time a Mega Millions jackpot was won was on April 18. The next drawing, with an estimated jackpot of $1.05 billion, will take place on Tuesday at 11 p.m. Eastern.

If there is a single winning ticket for Tuesday’s jackpot, the winner will have the choice of receiving a lump sum payment of $527.9 million before taxes or opting for the annuity option, which includes an immediate payment followed by 29 annual payments that make up the full jackpot minus taxes.

The odds of winning the Mega Millions jackpot are approximately one in 302.58 million.

Since the last jackpot win, 46 tickets matching all five white balls, earning a prize of at least $1 million, have been sold.

In Friday’s drawing, a ticket sold in Pennsylvania won $5 million because it included a Megaplier.